26
Managing sustainability
at CD PROJEKT
[GRI 2-12, 2-13, 2-14, 2-17, 2-18]
At CD PROJEKT S.A. supervision of ESG reporting is the
responsibility of Piotr Nielubowicz, Member of the Board,
CFO. He participates in preparing the Report and reviews
the ESG disclosures contained within.
Setting and overseeing implementation of specific goals
related to ESG is the responsibility of Management
Board members tasked with supervising specific areas
of the Company’s activity. At CD PROJEKT, ESG matters
fall within the scope of activity of numerous teams and
departments, including HR, payroll, internal communi-
cation, diversity and inclusion, administration (incl.
environmental issues), IT, operations, legal (incl. matters
related to compliance, IP and corporate law), taxation,
community, PR and others. The Management Board has
delegated to leads of these teams and departments
the responsibility for managing ESG issues related
to their respective profiles.
In 2021 Members of the Management Board of
CD PROJEKT and other top managers at the CD PROJEKT
Group took part in a materiality assessment which iden-
tified key non-financial aspects of the Group’s activity.
In 2022 this materiality assessment was revised, with
involvement of top executives at CD PROJEKT, as a result
of which two topics were added to the list of issues
regarded as material: maintaining stable long-term re-
lations with key suppliers and business partners, and
social engagement.
In 2022 a separate ESG team was created within the
framework of the CD PROJEKT Investor Relations de-
partment. This team is responsible for coordinating ESG
disclosures at CD PROJEKT and throughout the Group,
and for overseeing implementation of the Group’s strat-
egy insofar as it relates to sustainability.
In 2022 the President of the Management Board and the
Vice President-CFO took part in workshops devoted to
assessing the business value of diversity at CD PROJEKT.
The Vice President-CFO furthermore participated in
a training course concerning compliance-related disclo-
sures and their relation with the environmental taxonomy
for sustainable activities. In addition to the above, each
member of the Management Board participated in meet-
ings concerning key aspects of ESG which fall within
their respective areas of responsibility. The resulting
materials were used to formulate our ESG ambitions,
later enshrined in the CD PROJEKT Group’s Strategy
document.
According to the adopted Compliance Policy, the Chief
Compliance Ocer, together with the Privacy & Compli-
ance team informs the Management Board of actions
undertaken in the scope of compliance. Information
regarding material risks related to CD PROJEKT activities
is conveyed to the Management Board by the Risk Man-
agement Committee.
As mandated by the Best Practices for WSE Listed Com-
panies, the Management Board prepares and submits
to the Supervisory Board annual reports on the operation
of the internal control system, risk management, com-
pliance and internal audit. These reports contain, among
others, a description of actions undertaken in the scope
of risk mitigation, compliance (including ethics), internal
regulations, investigations related to the internal whis-
tleblowing system and training activities. The Supervi-
sory Board prepares annual reports which express
(among others) its assessment of the above systems and
submits them to the Ordinary General Meeting for
approval. Moreover, the Chief Compliance Ocer is able
to submit reports directly to the Supervisory Board and
the Audit Committee.
Additional sustainability training courses for members
of the Management Board and Supervisory Board of the
Company are scheduled for 2023.
No assessment of the Management Board’s performance
in the scope of managing the impact of environmental,
social and governance issues at CD PROJEKT was carried
out in 2022.
Managing sustainability-
related risks
In 2021 a Risk Management Procedure was instituted at
CD PROJEKT. Based on this procedure we identify, assess
and analyze risks, and make decisions related to further
management of strategic risks.
The goal of the risk management process at the Compa-
ny is to ensure an acceptable level of risk for all identified
threats. In the framework of identifying strategic risks, the
Company also identifies opportunities which may have
a positive impact on the analyzed risk events.
OUR BUSINESS OUR TEAM ENVIRONMENT
OUR APPROACH
TO ESG
TRANSPARENT
RELATIONS
SOCIAL
ENGAGEMENT
ATTACHMENTSOUR GAMES
ABOUT THE
REPORT
CORPORATE
GOVERANCE